Oman Central Bank Circular No. BM702/1993
Loans to Central Bank Employees
Type
Regulatory
Agency
Oman Central Bank
Issued on
15 Sept 1993 (corresponding to 28 Rabi Al-Awwal 1414 H)
Jurisdiction
Oman
Taxonomy
Financial Institutions, Banks, General Employment & Labour Law
To: All Commercial Banks
Subject: Loans to Central Bank Employees
This is to draw the attention of all Commercial Banks operating in the Sultanate regarding the above subject; to treat Central Bank employees wishing to apply for loan facilities in the same way like any other customers. Central Bank employees should not be given preferential treatment in this regard. In the case of recovering outstanding dues, Banks should follow and implement the same procedure applicable to other clients, in accordance with the rules and procedures of the Sultanate.
Best regards,
Hamood Sangour Hashim
The Executive President